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Waverley Borough Council Committee System - Committee Document

Meeting of the Executive held on 17/03/2003
East Street, Farnham Redevelopment Scheme - Conditional Contract



APPENDIX A
WAVERLEY BOROUGH COUNCIL

EXECUTIVE – 17TH MARCH 2003-03-07


4. EAST STREET, FARNHAM REDEVELOPMENT SCHEME – CONDITIONAL CONTRACT

Draft Recommendations

The Executive is recommended to RECOMMEND the Council that

1. the principal heads of terms be revised to take into account the revised premium and share of commercial overage agreed with Nicholson Estates in joint venture with Sainsbury’s Property Company;

2. the Council proceed to put in place the Development Agreement and Headlease.


comms/executive/2002-2003/581